Board of Education Approves Reduction in Tax Rate

At a special meeting on June 19, 2018, the FHPS board of education approved a reduction of .70 mills in the tax rate to meet its required bond payments. This is due to the strength in the taxable value of the Forest Hills Public Schools community. The bonds are used for projects such as safety and security, technology, and life-cycle replacement of roofs, parking lots, boilers, and buses. FHPS continues to retire bonds as soon as possible, demonstrating good stewardship and fiscal responsibility. The district holds an Aa2 rating with Moody’s Investors Service, with strong financial management being a contributing factor and was awarded the Certificate of Excellence in Financial Reporting by the Association of School Business Officials International.

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